ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Market Scramble: Capital investments seen haunting tech firms

TOKYO -- Investors are giving the cold shoulder to Japanese companies crafting spending plans with a focus on growth.

Shares of Sharp symbolized such sentiment Friday. After the close of the morning session, the electronics manufacturer unveiled a nearly 60 billion yen ($598 million) investment to set up pilot production lines for OLED screens. The plan represents the troubled company's first positive move in a long while, but the stock failed to draw buying in the afternoon. It ended the day flat at 135 yen a share.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more